THE SHOPS AT TOMLINSON GATE
LAWTON, OK
The Shops at Tomlinson Gate
1344 NW Homestead Dr Lawton, OK 73505
For Financing Options, Please Contact: Greg Holley | Managing Partner High St Capital (O) 469-998-7200 | (C) 714.514.2990
gholley@highstcapital.com
Chic Nail & Spa (Thuan Q. Tran)
Red River Ketamine Wellness Center, LLC
Edward D. Jones & Co. L.P.
Leasee may terminate the lease with 3 months notice and a lump some of 3 months base rent First United Bank
Mortgage Group
Lemon Tree Salon (LTD Style Holdings, LLC)
Lawton Nutrition (Chill Nutrition, LLC)
Body Art Studio Etc. LLC
Fusion Physical Therapy (JADAM Lawton, LLC)
DBA
Edward Jones
Entity on Lease Edward D. Jones & Co., L.P
Corporate/Franchise Corporate
Public/Private Private
Line of Business Financial services firm headquartered in St. Louis, Missouri. It serves investment clients in the U.S. and Canada, through its branch network of more than 14,000 locations. The company currently has relationships with nearly 8 million clients and $1 trillion in assets, under management worldwide.
DBA First United
Entity on Lease First United Bank and Trust Company
Corporate/Franchise Corporate
Locations 85+
Public/Private Private
Line of Business Community bank headquartered in Durant, Oklahoma that provides personal and commercial banking, investment management, insurance, mortgage products and services at more than 85 locations throughout Oklahoma and Texas. First United has recently grown from having $6 billion to having almost $8 billion in combined assets and is the 7th largest bank in its home state of Oklahoma.
• New Construction: Built in 2014. Minimal New Retail Product in Southwestern Oklahoma.
• Experiential Tenant Lineup: Tomlinson Gate is Full of Tenants That Cater to an In-Person Experience, Making Them Virtually Immune to Internet Displacement.
• Located in Close Proximity to Cameron University & Comanche County Memorial Hospital: Cameron University is a Public University With 6,000 Students Offering More Than 50 Degrees.
• High Traffic Corridor: The Property is Positioned Along Cache Road With Traffic Counts of 29,385 Vehicles a Day.
• Unobstructed 29-Foot Signage: Gives Tenants a Place to Advertise to Traffic From All 4 Directions at the Intersection of Cache and Homestead.
• Surrounding National Retailers Include Walmart Supercenter, Sam’s Club, ALDI, Walgreens, Hobby Lobby, CVS, Dollar Tree, Staples, Buffalo Wild Wings, Goodwill, McAlister’s, Golden Corral, Red Lobster
Pylon
EISENHOWER HIGH SCHOOL
COMANCHE COUNTY MEMORIAL HOSPITAL
CAMERON UNIVERSITY
LAWTON SENIOR HIGH SCHOOL
Lawton, OK
OVERVIEW
Lawton is a city in, and the county seat of, Comanche County, in the State of Oklahoma. Located in southwestern Oklahoma, about 87 mi southwest of Oklahoma City, it is the principal city of the Lawton, Oklahoma Metropolitan Statistical Area. According to the 2010 census, Lawton’s population was 96,867, making it the fifth-largest city in the state.
Built on former reservation lands of Kiowa, Comanche, and Apache Indians, Lawton was founded on 6 August 1901, and was named after Major General Henry Ware Lawton, a Civil War Medal of Honor recipient killed in action in the Philippine–American War. Lawton’s landscape is typical of the Great Plains, with flat topography and gently rolling hills, while the area north of the city is marked by the Wichita Mountains.
The city’s proximity to Fort Sill Military Reservation gave Lawton economic and population stability throughout the 20th century. Although Lawton’s economy is still largely dependent on Fort Sill, it has also grown to encompass manufacturing,
higher education, health care, and retail. The city’s government is run by a council-manager government consisting of a city manager and a city council headed by a mayor. Interstate 44 and three major United States highways serve the city, while Lawton-Fort Sill Regional Airport connects Lawton by air.
Lawton is primarily centered on government, manufacturing, and retail trade industries. Lawton MSA ranks fourth in Oklahoma with a gross domestic product of $4.2 billion produced in 2008, with a majority ($2.1 billion) in the government sector. Fort Sill is the largest employer in Lawton, with over 5,000 full-time employees. In the private sector, the largest employer is Goodyear Tire and Rubber Company with 2,400 full-time employees. Major employers in the Lawton area also include: Lawton Public Schools, Comanche County Memorial Hospital, City of Lawton, and Cameron University. Lawton includes two major industrial parks.
data © CoStar 2020
CONFIDENTIALITY AGREEMENT
The information contained in the following offering memorandum is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from STRIVE and it should not be made available to any other person or entity without the written consent of STRIVE. By taking possession of and reviewing the information contained herein the recipient agrees to hold and treat all such information in the strictest confidence. The recipient further agrees that recipient will not photocopy or duplicate any part of the offering memorandum. If you have no interest in the subject property at this time, please return this offering memorandum to STRIVE.
This offering memorandum has been prepared to provide summary, unverified financial and physical information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. STRIVE has not made any investigation, and makes no warranty or representation with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this offering memorandum has been obtained from sources we believe to be reliable; however, STRIVE has not verified, and will not verify, any of the information contained herein, nor has STRIVE conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Prospective buyers shall be responsible for their costs and expenses of investigating the subject property.
ALL PROPERTY SHOWINGS ARE BY APPOINTMENT ONLY. PLEASE CONTACT STRIVE AGENT FOR MORE DETAILS.
Commercial Disclaimer
STRIVE hereby advises all prospective purchasers of commercial property as follows:
The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, STRIVE has not and will not verify any of this information, nor has STRIVE conducted any investigation regarding these matters. STRIVE makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.
As the Buyer of a commercial property, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this investment opportunity. STRIVE expressly denies any obligation to conduct a due diligence examination of this Property for Buyer.
Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance of this property. The value of a commercial property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors. Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any commercial property to determine to your satisfaction with the suitability of the property for your needs.
Like all real estate investments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefully review all legal and financial documents related to the property and tenant. While the tenant’s past performance at this or other locations is an important consideration, it is not a guarantee of future success. Similarly, the lease rate for some properties, including newly-constructed facilities or newly-acquired locations, may be set based on a tenant’s projected sales with little or no record of actual performance, or comparable rents for the area. Returns are not guaranteed; the tenants and any guarantors may fail to pay the lease rent or property taxes, or may fail to comply with other material terms of the lease; cash flow may be interrupted in part or in whole due to market, economic, environmental or other conditions. Regardless of tenants history and lease guarantees, Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any long-term leases, including the likelihood of locating replacement tenants if any of the current tenants should default or abandon the property, and the lease terms that Buyer may be able to negotiate with any potential replacement tenants considering the location of the property, and Buyer’s legal ability to make alternate use of the property.
By accepting this Marketing Brochure you agree to release STRIVE and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this commercial property.
Information About Brokerage Services
Texas law requires all real estate license holders to give the following information about brokerage services to prospective buyers, tenants, sellers and landlords.
TYPES OF REAL ESTATE LICENSE HOLDERS:
• A BROKER is responsible for all brokerage activities, including acts performed by sales agents sponsored by the broker.
• A SALES AGENT must be sponsored by a broker and works with clients on behalf of the broker.
A BROKER’S MINIMUM DUTIES REQUIRED BY LAW (A client is the person or party that the broker represents):
• Put the interests of the client above all others, including the broker ’s own interests;
• Inform the client of any material information about the property or transaction received by the broker;
• Answer the client’s questions and present any offer to or counter-offer from the client; and
• Treat all parties to a real estate transaction honestly and fairly.
A LICENSE HOLDER CAN REPRESENT A PARTY IN A REAL ESTATE TRANSACTION:
AS AGENT FOR OWNER (SELLER/LANDLORD): The broker becomes the property owner’s agent through an agreement with the owner, usually in a written listing to sell or property management agreement. An owner’s agent must perform the broker’s minimum duties above and must inform the owner of any material information about the property or transaction known by the agent, including information disclosed to the agent or subagent by the buyer or buyer ’s agent.
AS AGENT FOR BUYER/TENANT: The broker becomes the buyer/tenant’s agent by agreeing to represent the buyer, usually through a written representation agreement. A buyer’s agent must perform the broker’s minimum duties above and must inform the buyer of any material information about the property or transaction known by the agent, including information disclosed to the agent by th e seller or seller ’s agent.
AS AGENT FOR BOTH - INTERMEDIARY: To act as an intermediary between the parties the broker must first obtain the written agreement of each party to the transaction. The written agreement must state who will pay the broker and, in conspicuous bold or underlined print, set forth the broker’s obligations as an intermediary. A broker who acts as an intermediary:
• Must treat all parties to the transaction impartially and fairly;
• May, with the parties’ written consent, appoint a different license holder associated with the broker to each party (owner and
• buyer) to communicate with, provide opinions and advice to, and carry out the instructions of each party to the transaction.
• Must not, unless specifically authorized in writing to do so by the party, disclose:
ӽ that the owner will accept a price less than the written asking price;
ӽ that the buyer/tenant will pay a price greater than the price submitted in a written offer; and
ӽ any confidential information or any other information that a party specifically instructs the broker in writing not to disclose, unless required to do so by law.
AS SUBAGENT: A license holder acts as a subagent when aiding a buyer in a transaction without an agreement to represent the buyer. A subagent can assist the buyer but does not represent the buyer and must place the interests of the owner first.
TO AVOID DISPUTES, ALL AGREEMENTS BETWEEN YOU AND A BROKER SHOULD BE IN WRITING AND CLEARLY ESTABLISH:
• The broker’s duties and responsibilities to you, and your obligations under the representation agreement.
• Who will pay the broker for services provided to you, when payment will be made and how the payment will be calculated.
LICENSE HOLDER CONTACT INFORMATION: This notice is being provided for information purposes. It does not create an obligation for you to use the broker’s services. Please acknowledge receipt of this notice below and retain a copy for your records.